Latest news with #Stockhouse
The Market Online
a day ago
- Business
- The Market Online
@ the Bell: Markets rebound amid trade optimism and strong earnings
Canada's top stock index inched upward on Monday, recovering some ground after losses in the previous session. Investor sentiment was buoyed by hopes for progress in trade negotiations between the US and its major partners. US Commerce Secretary Howard Lutnick expressed confidence on Sunday that a trade agreement with the European Union could be reached, although he emphasized that August 1st remains a firm deadline for the implementation of tariffs. Despite this optimism, traders remained cautious, awaiting clearer signals from the US-EU trade discussions and potential new trade deals ahead of the looming deadline. Meanwhile, US stock markets also saw gains, supported by the White House reaffirming its stance on tariffs. This came alongside a strong kickoff to the corporate earnings season, further boosting investor confidence. The Canadian dollar traded for 73.04 cents US compared to 72.86 cents US on Friday. US crude futures traded $0.17 lower at US$67.17 a barrel, and the Brent contract lost $0.21 to US$69.07 a barrel. The price of gold was up US$40.03 to US$3,392.43. In world markets, the Nikkei remained at ¥39,819.11, the Hang Seng was up 168.48 points to HK$24,994.14, the FTSE was up 20.87 points to ₤9,012.99, and the DAX was up 18.29 points to €24,307.80. Stockhouse does not provide investment advice or recommendations. All investment decisions should be made based on your own research and consultation with a registered investment professional. The issuer is solely responsible for the accuracy of the information contained herein. For full disclaimer information, please click here .
The Market Online
2 days ago
- Business
- The Market Online
The 5-Minute Investor Podcast, Ep. 20: Profitable Canadian small-cap stocks
Welcome to episode 20 of The 5-Minute Investor Podcast, where Stockhouse columnists Jonathon Brown and Trevor Abes each deliver a 2.5-minute stock profile related to recent news stories with investment implications. This content has been prepared in collaboration with Killam Apartment REIT (TSX: and AirIQ (TSXV:IQ), and is intended for informational purposes only. Here is Jon's supporting material for episode 20: Here is Trevor's: Here's a list of past episodes: Thanks for listening! The 5-Minute Investor is on Spotify, YouTube, iHeartRadio, Podbean, Stockhouse or wherever finer podcasts are found. Join the discussion: Find out what investors are saying about The 5-Minute Investor Podcast and this week's pair of Canadian small-cap stocks on the Killam Apartment REIT and AirIQ Inc. Bullboards. Additionally, make sure to check out the rest of Stockhouse's stock forums and message boards. Stockhouse does not provide investment advice or recommendations. All investment decisions should be made based on your own research and consultation with a registered investment professional. The issuer is solely responsible for the accuracy of the information contained herein. For full disclaimer information, please click here.
The Market Online
4 days ago
- Business
- The Market Online
@ the Bell: Canada eyes trade expansion in the face of American tariff deadline
Canada's main stock index took a hit on Friday, supported by encouraging domestic trade developments and US economic data that pointed to continued strength. International Trade Minister Maninder Sidhu highlighted growing interest in deepening trade negotiations with Mercosur—a South American alliance that includes Brazil, Argentina, Paraguay, and Uruguay—as part of Ottawa's broader strategy to reduce reliance on US trade. Meanwhile, Prime Minister Mark Carney and his administration are engaged in discussions with US President Donald Trump, aiming to finalize a trade deal before the looming August 1 deadline, when 35 per cent tariffs are scheduled to be implemented. Earlier in the week, Carney introduced a steel tariff rate quota to shield Canada's steel sector. On Wall Street, markets were mixed though losses were mitigated by strong earnings reports from major banks and tech firms. The Canadian dollar traded for 72.86 cents US compared to 72.76 cents US on Thursday. US crude futures traded $0.12 lower at US$67.42 a barrel, and the Brent contract lost $0.20 to US$69.32 a barrel. The price of gold was up US$12.94 to US$3,353.37. In world markets, the Nikkei was down 82.08 points to ¥39,819.11, the Hang Seng was up 326.71 points to HK$24,825.66, the FTSE was up 19.48 points to ₤8,992.12, and the DAX was down 81.42 points to €24,289.51. Stockhouse does not provide investment advice or recommendations. All investment decisions should be made based on your own research and consultation with a registered investment professional. The issuer is solely responsible for the accuracy of the information contained herein. For full disclaimer information, please click here .
The Market Online
5 days ago
- Business
- The Market Online
TSX Edges Higher on Thin Trade and Talk
Toronto futures nudged higher Friday as upbeat domestic trade figures and strong U.S. economic data lifted investor confidence. Market Numbers (Futures) TSX : Up ( 0.00%) 27,441.70TSXV: Up (0.62%%) 791.66DOW: Up (0.02%) 44,729.00NASDAQ: Up (0.06%) 23,264.25 FTSE: Down (0.007%) 8,972.00 In the Headlines: Canada and New Zealand settled their dairy trade dispute with Canada agreeing to adjust how it allocates import quotas, without giving up its supply management system. And Canada's planned ramp-up in defense spending will boost GDP by about 0.1% this year and next, but won't be enough to pull Canada out of recession. Currencies Update: (Futures) The Canadian dollar edges lower to $0.7303 U.S., strengthens slightly against the euro at $0.6242, while Bitcoin grinds higher—up nearly 1% to C$163,559.03 as crypto momentum keeps building. Commodities: (Futures) Natural Down: Up (1.33%), 3.59WTI: Down (0.30%), 67.34Gold: Up (0.57%), 3,357.66 Copper: Up (0.30%) 6.00 To stay up-to-date on all of your market news head to Join the discussion: Find out what everybody's saying check out the rest of Stockhouse's stock forums and message boards. The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here
The Market Online
5 days ago
- Business
- The Market Online
@ the Bell: Steel tariffs and trade talks drive investor sentiment
Equities trading in Canada's largest centre climbed on Thursday as investors focused on trade developments and corporate updates. Prime Minister Mark Carney announced on Wednesday that Canada will implement steel tariff quotas for countries with which it has free trade agreements—excluding the United States—to safeguard the domestic steel sector. This decision comes after US President Donald Trump raised tariffs on steel and aluminum imports from 25 per cent to 50 per cent earlier this month. However, the terms of the United States-Mexico-Canada Agreement (USMCA) will remain unchanged. With the August 1 deadline approaching, investors are closely watching for further tariff-related news. On Thursday, Japan held discussions with US Commerce Secretary Howard Lutnick, while the European Union's trade commissioner traveled to Washington on Wednesday. Meanwhile, US markets remained relatively flat as traders reviewed corporate earnings and monitored the ongoing tensions between President Trump and Federal Reserve Chairman Jerome Powell. Wall Street had previously seen gains after Trump denied rumors that he intended to dismiss Powell from his role. The Canadian dollar traded for 72.76 cents US compared to 73.05 cents US on Wednesday. US crude futures traded US$1.02 higher at US$67.41 a barrel, and the Brent contract rose $0.80 to US$69.32 a barrel. The price of gold was down US$14.61 to US$3,339.09. In world markets, the Nikkei was up 237.79 points to ¥39,901.19, the Hang Seng was down 18.81 points to HK$24,498.95, the FTSE was up 46.09 points to ₤8,972.64, and the DAX was up 361.55 points to €24,370.93. Stockhouse does not provide investment advice or recommendations. All investment decisions should be made based on your own research and consultation with a registered investment professional. The issuer is solely responsible for the accuracy of the information contained herein. For full disclaimer information, please click here .
